The Delaware ledger. (Newark, Del.) 1879-19??, 1887-08-27
THE T0RTILiTA MINES.
BETTER THAN REPRESENTED LND.As GREAT
As THE COMsTOCK.


WHAT A NEW YORK STAR REPREsEN-
TATIvE sAw-THE RICHEST MINING
PROPERTY IN AMERICA-vAsT ORE
DEPOSITS.
The New York Star has made
careful investigation of the property
of the Tortilita Mining Company,
heretofore referred to in these col
umns, and the following is publish
ed from its report, showing the en-
terprise to be one of the best ever
brought to the attention of investors
Especial Dispatch to the Starr
Tucson, Ariz., July 16-Agreeably
to instructions from The Star to in
vestigate the Tortilita mines, that
are now attracting so much atten-
ton throughout the country, your
representative has made IL careful ex-
animation for the benefit of your
readers.
At the mines ! inquired for the
superintendent, and was shown to
Mr.. D. T. Gilmore, and cordially re-
ceived. Raised in the East, he
originally worked on the Constocks
where he saw property increase in
value from a few thousands to hun
dreds of millions. In reply to a
question, Mr.. Elmore said;
"When I had satisfied myself of
what We had after three years of pa
tient labor, went to New York, and
in connection with some friends or
ganized the Tortilita Mining Com
pany in New York city, composed
Of reliable and competent business
for the purpose of raising capital to
erect hosting works and additional
machinery. l have seen all the best
mines in America, and worked in
them, and tell you here and now
that the Tortilitas are the greatest
and the best Of their class on the
American Continent"
THE PLANS OF THE COMPANY.
Asked what Improvements were
contemplated, Mr.. Elmore said. ave
can easily supply three twenty
stamp mills for an indefinite period
on these properties. They would
work $50 tons of ore per day, at an
average of $50 per tor. AT low
estimate this would he $4,000 pei
day.
with the proper machinery this
can be worked at an expense of SIC
per ton, which would be 81 800 pei
day, leaving net per day $1,000, OF
for thirty days $4,000 or for veal
80, $4,000, which will be over two
and half times our capital STOCK
each year; but at first we shall star
with twenty-stamp mill, which
should give us 100000 per year net
or so per cent. per annum on oul
capital stock. / am now bending
every effort toward attaining thes,
results. We are negotiating nov
for hosting works and twenty
stamp mill, and | hope soon to Oh
tain them. Meanwhile we shall con
, tinue to run our little fve-staml
, mill and develop and improve tn
r property all is our power. know
= Of no investment in America tina
, will day as well as the shares Of GU
, company
[ An ABSOLUTELY GREAT PROPERTY.
: After weeks time spent at tn
, mines in daily examination of tn,
f work, in seeing assays mades, watch
S ing the battery samples, and seeinI
e the ore retorting and running int
. bullion and stamped, and readin
| certificates of s150,0O0 for bulliol
1 shipped to the Bank of California il
= the last two years, and seeing on
: bar of 2,400 ounces sent forwar
> while was there, l felt impresse
: with the fact that the Tortilitas de
Q served the confidence of the publ,
and that the management in Ne
York had far underestimated il
l values in their statements. foun,
e property worth anywhere fror
a 100000 to s50,0O0,OO0, an
t possibly $1O0000,OOO, as the Con
= stocks have proven to be and hav
e made thousands of men rich.
I THE ToRTILITAs POPULAR AT HOME
v Driving back to Tucson remain
= ed there short time, and foun
e the Tortllitas exciting more after
II ton than any other mining prC
1t perty in the Territory, and there al
J. some rich ones here. For exampl
e the Silver King not far distant, hg
is paid three million dollars in div
s dends from one mine alone, Will
the Tortilita company has lively,